Management

Mr Brodrick Penn was appointed Deputy Managing Director, Operations, in July 2023. In his new role, Mr Penn will safeguard and augment the efficiency of the Commission's operations, including its innovation, data management and business intelligence functions. Mr Penn has worked with the Commission since its inception and has over 25 years of experience within the financial services industry with demonstrated knowledge and experience in policy development, project planning, implementation and management. Before his new appointment, Mr Penn served in several key roles, such as Director, Enforcement; he also formerly held the post of Director, Investment Business.

Mrs Myrna Herbert was appointed Registrar of Companies in 1998 after serving as Deputy Registrar for three years. Prior to her appointment as Registrar, she had a long public service career. She was appointed Director, Registry of Corporate Affairs on the introduction of the Financial Services Commission in 2002.

Ms Dian D Fahie held various positions in the Registry of Corporate Affairs at the Commission before shifting gears to pursue her legal career. On her return from qualifying as a Barrister at Law in the United Kingdom, she entered the then Legal and Enforcement Division, where she excelled, quickly attaining the position of Senior Legal Counsel and, subsequently, that of Deputy Director. As Director of the Legal Division, she has the significant responsibility of being the chief legal advisor to the Commission and overseeing its team of lawyers. Over the span of her legal career, Ms Fahie has acted as lead counsel in many cases that have helped to develop Virgin Islands jurisprudence, particularly on matters concerning financial services legislation. Throughout her career, Ms Fahie has also provided expert support as a junior to King’s Counsel who have been engaged from time to time to advance the Commission’s stance in major courts. She has also provided advice on notable cases affecting the application of corporate law in the Virgin Islands. Ms Fahie’s career with the Commission spans over 20 years.

Mr Sheldon Scatliffe has been employed by the Commission since 2006 and is currently the Director, Finance. In this current role, he oversees the information system that provides reports to users on the economic activities and conditions of the Commission. In addition to reporting duties, he is tasked with blending financial expertise and business insight in order to develop business strategies that guide critical business decisions and create sustainable success. He has over 18 years of accounting, auditing and financial services experience both locally and abroad.

Mr Burton Chalwell Jr. has been with the Commission since 2013 and was appointed Director of the Internal Audit Unit in July 2022. Prior to this role, he served as Director of the Commission’s Asia Representative Office in Hong Kong and Deputy Director of the Compliance Inspection Unit. Before joining the Commission, Burton built a strong foundation in financial services, holding several positions in fund accounting, with a focus on private equity and alternative investments.

Ms Trevecca Hodge, has been employed with the Commission since its inception in 2002 and has over nine years of regulatory experience, primarily in the Commission's Insurance Division. She began her career in regulation at the Commission as a Regulator I and rose through the ranks; having most recently served in the capacity of Senior Regulator from 2010. She was appointed as the Deputy Director, Insurance in May 2012.

Mrs Lydia George, joined the Commission as an Assistant Registrar of Companies in 1993 and was appointed to the post of Deputy Director, Registry of Corporate Affairs in 2004. Prior to joining the Commission, she was employed as a Branch Manager at a Retail Bank in Massachusetts for a number of years.

Kishelle Cameron is the Deputy Director of the Specialised Supervision Unit of the Financial Services Commission. She is responsible for the oversight of high-risk licensees, and those of systemic importance in the jurisdiction. This includes all banks, systemically important TCSPs, Insurance Companies and all high-risk Investment Businesses and Virtual Asset Service Providers. Kishelle leads the Commission's FinTech Working Group and serves as the Deputy Chair of the Risk Monitoring Committee. She is also the former Deputy Director of the Investment Business Division. In her previous capacity as the Deputy Director of the Investment Business Division, Kishelle gained significant experience in supervising high-risk financial entities and has been instrumental in shaping policies and strategies within the financial regulatory framework. Kishelle is a certified member of several prestigious institutions and has completed various specialised training programs, demonstrating her commitment to continuous learning and expertise in her field.

Mrs Deca Penn is the Acting Deputy Director of Prudential Supervision Unit at the BVI Financial Services Commission. She has over 25 years of extensive experience in the financial services sector and has established a robust track record within the Commission, particularly in regulatory oversight, risk management, and policy development. Deca began her career with the Commission in May 2010. Her tenure at the Commission has been marked by significant contributions, including leading the Prudential Supervision Unit as a Senior Regulator, where she was responsible for overseeing regulatory compliance and maintaining effective operational standards. Before her current role, she excelled as a regulator within the Insurance Business Division, where she was involved in detailed evaluations and supervision of regulated entities.

Ms Trecia Dawson was appointed as the Commission’s Deputy Director, Training and Development, with effect from 2 September 2019. Ms Dawson’s responsibilities include the expansion and implementation of professional development programs for all employees of the Commission.